Statement of Adjustments definition

Statement of Adjustments means the statement of adjustments dated as at the Inventory Time which reflects the adjustments to the Purchase Price as described herein and executed by the Parties.

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Statement of Adjustments has the meaning given to such term in Section 1.6(b).

Statement of Adjustments means a statement setting out the Closing Adjustments, approved by both parties acting reasonably.

Examples of Statement of Adjustments in a sentence

The Purchaser agrees to pay all relevant taxes in connection with the subject purchase transaction which shall be in addition to the purchase price and may be included on the Statement of Adjustments.
If for any reason payment for the NSF fee(s) is not received, the NSF fee(s) shall bear interest from the date of the NSF cheque at the rate of 24% per annum, calculated and compounded daily, until paid in full provided that if such outstanding amounts or any part thereof remains outstanding at closing, such amount together with interest calculated and compounded as aforesaid shall be credited to the Vendor on the Statement of Adjustments.
The Purchaser further acknowledges and agrees that the amount so paid to the Purchaser (or for which, in the alternative, in the Vendor's discretion, the Purchaser received credit in the Statement of Adjustments) shall be accepted by the Purchaser as full and final settlement of any claim by the Purchaser with respect to the extras, upgrades or changes which remain incomplete as aforesaid.
The Purchaser further acknowledges that if the Municipality requires an upgrade elevation for the property that the extra costs for the upgraded elevation will be paid for by the Purchaser on the final Statement of Adjustments at the time of the closing of the transaction.
Should the Purchaser fail to provide this information and/or during such sixty (60) day period change solicitors, the Purchaser may be charged a fee plus applicable taxes on the Statement of Adjustments, as determined by the Vendor and/or its solicitor.

More Definitions of Statement of Adjustments

Statement of Adjustments means the statement to be prepared by the Vendor setting out the Adjustments and to be delivered as contemplated by Section 3.2.1(h);

Statement of Adjustments has the meaning set out in subsection 10.1 hereof;

Statement of Adjustments means the statement of adjustments to be delivered by Primero to ▇▇▇▇▇▇ in accordance with Section 2.9(b);

Statement of Adjustments means a statement of the adjustments to and the manner of payment of the purchase price, as prescribed by the Agreement;

Statement of Adjustments has the meaning set forth in subsection 3.3(c);

Statement of Adjustments means a statement setting out the Closing Adjustments, approved by both parties, acting reasonably. 1. 77. “Subject Companies” means MX 2003 and PDN.

Statement of Adjustments shall have the meaning set forth in Section 2.4(b)(vi) hereof.